SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Leeward Investments, LLC - MA

CIK 0001923173 · 10 WINTHROP SQUARE, SUITE 500, BOSTON, MA, 02110 · 617-468-6710

Reported Value
$1.9B
Q1 2025
Positions
143
Filings on Record
17
2019–present window
Filed
Apr 29, 2025
original filing

Summary

Leeward Investments, LLC - Ma reported $1.9B in U.S.-listed holdings across 143 positions for Q1 2025.

Its largest position, EHC, represents 2.3% of the portfolio.

Compared with Q4 2024, the fund opened 6 new positions and exited 8.

Portfolio Metrics

Turnover
+7.1%
vs prior filed quarter
Top-10 Concentration
+17.0%
share of reported value
Largest Position
+2.3%
Encompass Health
New / Exited
6 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’22: $2.5BQ1 ’22Q2 ’22: $2.2BQ3 ’22: $2.1BQ4 ’22: $2.3BQ4 ’22Q1 ’23: $2.2BQ2 ’23: $2.1BQ3 ’23: $2.0BQ3 ’23Q4 ’23: $2.1BQ1 ’24: $2.3BQ2 ’24: $2.2BQ2 ’24Q3 ’24: $2.2BQ4 ’24: $2.0BQ1 ’25: $1.9BQ1 ’25Q2 ’25: $1.9BQ3 ’25: $2.0BQ4 ’25: $2.0BQ4 ’25Q1 ’26: $2.0Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.4%REIT: 8.3%Other: 6.3%ETP: 1.1%
  • Common Stock · 84.4% · $1.6B
  • REIT · 8.3% · $155M
  • Other · 6.3% · $118M
  • ETP · 1.1% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ASBASSOCIATED BANC CORPNEW+548.0K548.0K+$12M$12M
XELXCEL ENERGY INCNEW+146.6K146.6K+$10M$10M
ALLYALLY FINL INCNEW+252.1K252.1K+$9M$9M
GPIGROUP 1 AUTOMOTIVE INCNEW+23.0K23.0K+$9M$9M
BALLBALL CORPNEW+156.4K156.4K+$8M$8M
EXPEAGLE MATLS INCNEW+35.9K35.9K+$8M$8M
ISHARES TRADDED+110.1K136.1K+$16M$21M
CTOCTO RLTY GROWTH INC NEWADDED+308.2K394.8K+$6M$8M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EHCENCOMPASS HEALTH CORPhistory →COM2.33%$44M432.4K
2FT2FIRST HORIZON CORPORATIONhistory →COM1.89%$36M1.83M
3ADCAGREE RLTY CORPhistory →COM1.86%$35M454.0K
4PINNACLE FINL PARTNERS INCCOM1.66%$31M294.6K
5CLHCLEAN HARBORS INChistory →COM1.66%$31M158.0K
6PBVPRESTIGE CONSMR HEALTHCARE Ihistory →COM1.64%$31M359.9K
7HURNHURON CONSULTING GROUP INChistory →COM1.50%$28M197.2K
8LITELUMENTUM HLDGS INChistory →COM1.49%$28M449.9K
9WF2WINTRUST FINL CORPhistory →COM1.47%$28M245.3K
10PRPERMIAN RESOURCES CORPhistory →CLASS A COM1.47%$28M1.99M
11STWDSTARWOOD PPTY TR INChistory →COM1.39%$26M1.32M
12PORPORTLAND GEN ELEC COhistory →COM NEW1.31%$25M553.2K
13COLBCOLUMBIA BKG SYS INChistory →COM1.28%$24M965.6K
14THGHANOVER INS GROUP INChistory →COM1.26%$24M136.3K
15GATES INDL CORP PLCORD SHS1.17%$22M1.19M
16RRXREGAL REXNORD CORPORATIONhistory →COM1.16%$22M191.3K
17ON1OLD NATL BANCORP INDhistory →COM1.12%$21M992.2K
18INGRINGREDION INChistory →COM1.12%$21M155.5K
19NMRKNEWMARK GROUP INChistory →CL A1.09%$21M1.69M
20ISHARES TRRUS 2000 VAL ETF1.09%$21M136.1K
21APY1EURCHAMPIONX CORPORATIONhistory →COM1.07%$20M674.2K
22VVVVALVOLINE INChistory →COM1.02%$19M549.9K
23NPOENPRO INChistory →COM1.02%$19M118.1K
24SXISTANDEX INTL CORPhistory →COM1.01%$19M117.2K
25INDBINDEPENDENT BK CORP MASShistory →COM0.98%$18M293.7K
26STAGSTAG INDL INChistory →COM0.93%$17M483.6K
27PFGCPERFORMANCE FOOD GROUP COhistory →COM0.92%$17M220.6K
28NSANATIONAL STORAGE AFFILIATEShistory →COM SHS BEN IN0.91%$17M434.1K
29VIAVVIAVI SOLUTIONS INChistory →COM0.90%$17M1.52M
30FIBKFIRST INTST BANCSYSTEM INChistory →COM0.89%$17M587.6K
31HLITHARMONIC INChistory →COM0.89%$17M1.75M
32ALSALLSTATE CORPhistory →COM0.88%$17M80.2K
33CA8ACACI INTL INChistory →CL A0.86%$16M43.9K
34MUSAMURPHY USA INChistory →COM0.84%$16M33.8K
35AXALTA COATING SYS LTDCOM0.84%$16M476.9K
36IBPINSTALLED BLDG PRODS INChistory →COM0.84%$16M92.1K
37HXLHEXCEL CORP NEWhistory →COM0.84%$16M287.4K
38VMIVALMONT INDS INChistory →COM0.83%$16M54.7K
39RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.83%$16M79.1K
40THSTREEHOUSE FOODS INChistory →COM0.82%$15M568.6K
41GNTXGENTEX CORPhistory →COM0.82%$15M658.3K
42MTGMGIC INVT CORP WIShistory →COM0.82%$15M619.0K
43EXLSEXLSERVICE HOLDINGS INChistory →COM0.81%$15M323.3K
44CBTCABOT CORPhistory →COM0.80%$15M181.6K
45VLYVALLEY NATL BANCORPhistory →COM0.80%$15M1.70M
46ITTITT INChistory →COM0.80%$15M116.7K
47KFYKORN FERRYhistory →COM NEW0.80%$15M221.4K
48DORMDORMAN PRODS INChistory →COM0.80%$15M124.1K
49NBHCNATIONAL BK HLDGS CORPhistory →CL A0.79%$15M390.4K
50VOYAVOYA FINANCIAL INChistory →COM0.78%$15M217.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.0B142Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.0B141Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B142Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.9B141Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.9B143Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.0B145Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.2B145Oct 31, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.2B145Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.3B146Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.1B144Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.0B144Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.1B142Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.2B141Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.3B141Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.1B140Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.2B143Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.5B140May 9, 202213F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • SEI INVESTMENTS MANAGEMENT CORP028-16475
  • SEI INVESTMENTS CO028-16454

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.